Finance

Japan Bank for International Cooperation, Pakistan Ministry of Environment and Japan Carbon Finance Ltd Sign CDM Memorandum of Understanding [viewed]

JBIC Signs a MOU on the Kyoto Mechanisms with the Ministry of Environment

8

July 2008: The Japan Bank for International Cooperation (JBIC) has signed a

Memorandum of Understanding (MOU) with Pakistan's Ministry of Environment and

Japan Carbon Finance Limited (JCF) to promote the Clean Development Mechanism

(CDM) in Pakistan and to support Japanese entities in their acquisition of the

carbon credits generated by the CDM projects.

read more »

European Investment Bank Presents New Climate Change Study [viewed]

Eib_2

1 July 2008: Philippe de

Fontaine Vive, European Investment Bank (EIB) Vice-President, has presented the results of a study on climate change in the

Mediterranean and its consequences on the development of Maghreb and Machreq

countries.

read more »

“Carbon Taxes - A Tool for Managing Climate Change or a Threat to the World's Poor?” [viewed]

Financing_or_dev_2

17 June 2008: The UN Financing for Development Office, UN-DESA and the Friedrich Ebert

Foundation organized an event on “Carbon Taxes - A Tool for Managing Climate Change or a Threat to the

World's Poor?” on 17 June, 2008, at UN

Headquarters in New York.

read more »

UNCTAD's Budget Group Plans 2008-2011 Activities Related to Climate Change [viewed]

18 June 2008: The UN Conference on Trade and

Development's (UNCTAD) Working Party on the Medium-term Plan

and Programme Budget met from 16–18 June 2008, in Geneva, Switzerland, and discussed

a work plan for the implementation of the outcomes of the twelfth UNCTAD, held in Accra,

Ghana, in

April 2008.

read more »

World Bank Launches Site on Climate Change in the Middle East and North Africa Region [viewed]

July 2008:

The World Bank has launched a web site on climate change in the Middle East and

North Africa region (MENA).

read more »

World Bank Board Approves Climate Investment Funds [viewed]

World_bank

1 July 2008: The

World Bank's Board of Executive Directors, meeting on 1 July 2008, approved two

Climate Investment Funds (CIFs) following an extensive public consultation

process that culminated with an agreement on the CIFs by 40 developing and

industrialized countries in Potsdam, Germany, on 21-22 May 2008. The establishment of the CIFs was also endorsed by

the G8 Finance Ministers who met in

Osaka, Japan, in June 2008.

read more »

Fund Launched to Conserve Congo Basin Rainforest [viewed]

17 June 2008: The Congo Basin

Forest Fund, a multi-donor facility established to take action to protect the

forests in the Congo Basin region, was launched in London, UK. The Fund will be

used over a ten-year period, up to 2018, to finance the

Central African Forests Commission (COMIFAC) Action-Plan in ten different

strategic areas aimed at conserving the Congo Basin rainforest.

read more »

Thirteenth World Water Congress to Convene in September 2008 [viewed]

13congress

July 2008:

The thirteenth World Water Congress will take place in Montpellier, France, from 1-4

September 2008, and will be organized under the theme “Global Changes and Water

Resources: Confronting the Expanding and Diversifying Pressures.”

read more »

Bonn Climate Change Talks Conclude as Attention Turns to Accra [viewed]

Unfcccjune2008

13 June

2008: Four parallel meetings took place between 2-13 June 2008, in Bonn,

Germany, under the UN Framework Convention on Climate Change (UNFCCC) and Kyoto

Protocol. The second session of the Ad Hoc Working Group on Long-term

Cooperative Action under the Convention (AWG-LCA), which was launched in Bali,

started its substantive work in Bonn, while the resumed fifth session of the Ad

Hoc Working Group on Further Commitments for Annex I Parties under the

Kyoto Protocol (AWG-KP) began the process of listing issues for further

negotiation, particularly on the Kyoto Protocol's market-based mechanisms and

on carbon sinks.  

read more »

World Bank President Zoellick Presents New Climate Investment Funds at G8 Finance Ministers Meeting [viewed]

President_zoellick

13

June 2008: Speaking on the sidelines of the meeting of finance ministers for

the Group of Eight (G8), held in Osaka, Japan, World

Bank President Robert B.

Zoellick presented two new climate investment funds built to support the

UNFCCC's efforts to address the effects of, and mitigate, climate change.

read more »